The fuel subsidy payment was introduced
as a policy into the Nigerian during the
IBB administration of when our refineries
failed due to no-maintenance. It was
introduced to temporarily stabilize the
price of petroleum product while the
refineries underwent rehabilitation. It
was meant to last for only six (6) months.
Licenses to lift, import and market oil was
issued to friends of the administration
(IBB) who happened to be mainly from
the Hause-Fulani stock of Northern
Nigeria.

They were the new oil bloc holders.
When the newly formed oil cabal of
Hausa-Fulani hegemonists saw that they
were making billions of petrol-dollars as
profit from the payment of subsidy, they
frustrated every effort channeled into the
rehabilitation of Nigeria’s refineries.
The policy that was meant to last only six
(6) months has now lasted for almost
thirty (30) years!

It is on record that the IBBs, the
Dantatas, the Sawoes, the Otedolas, the
Danjumas, the Abachas, the Aremus, the
Abubakars, and the Dangotes all own
refineries in neighboring African country;
those who don’t own refineries out-
rightly all have substantial stakes in
refineries in neighboring countries. The
middle-belt, the Ndigbo and the South-
South Nigerians were marginalized in the
sharing of oil-bloc licenses by the IBB
junta. The Yorubas got a little percentage
of the bounty. Every other Nigerian tribe/
region were alienated by the
hegemonistic Hausa-Fulani cabal. And in
the face of this injustice against a people,
no one stood for the voiceless.

Now, to make their war more favorable,
they have reminded you of how corrupt
the government is! The same corruption
the institutionalized and entrenched it in
our society. Please ask them what they
did when they were in power.